Nigeria and France are strengthening cooperation in the oil and gas sector, with industry stakeholders calling for increased investment, technology transfer, local content development and improved infrastructure to unlock Nigeria’s energy potential.
The call was made during an energy roundtable organised as part of the 2026 French Week by the Franco-Nigerian Chamber of Commerce and Industry, a statement issued on Tuesday said.
Participants from the energy industry, government and diplomatic community identified gas development, energy transition, decarbonisation and regulatory stability as key areas for expanding economic cooperation between both countries.
The Managing Director and Chief Executive Officer of TotalEnergies Nigeria, Matthieu Bouyer, said the energy sector offered significant opportunities to deepen the longstanding relationship between Nigeria and France.
Bouyer noted that TotalEnergies, which has operated in Nigeria for 70 years, remained committed to developing local capacity, supporting Nigerian contractors and building long-term partnerships.
He said, “We see Nigeria not just as a market, but as a long-term investment destination where we continue to develop people, work with local contractors and build partnerships.”
According to him, more than 100 French companies operate in Nigeria across sectors including energy, infrastructure, logistics, technology, agriculture and consumer goods, providing thousands of jobs.